Pornhub needs to accept real and top cryptos, says Litecoin creator

Currently, the hottest news in the crypto market is the partnership between Verge and PornHub. With this announcement, the adult entertainment industry giant, PornHub, will start accepting crypto payments from now onwards.

As soon as the partnership announcement was made, XVG (Verge) witnessed a fall in its price as investors who did not approve such a partnership suddenly decided to drop acquiring the currency.

However, this dip was momentary as the coin suddenly regained its value. Subsequently, many discussions regarding this partnership have also captured attention to the cryptocurrency, and this, in turn, has boosted its value in the market.

So, after this exciting pact was made official, folks all over the internet spoke their minds on this deal. One of the wittiest comments came from Charlie Lee, the creator of LTC. He put up a chucklesome statement on his Twitter account, being:

His sarcastic response to PornHub telling them that they need to start accepting real and more prominent cryptos like Bitcoin and Litecoin seems to have gone viral.

Charlie also commented on the way Verge has spent money and earned the partnership. He was entirely against this step taken by them and even called it an act of bribery.

On this note, XVG has actually raised more than 70 million (75 to be exact) tokens out of which Token Pay donated the most.

Charlie said,

“It’s a step forward, but having to buy a partner is not a good precedent. Merchants shouldn’t need to be bribed…”

He also hopes that the site will soon start accepting other (and in fact, bigger) coins. According to him, it is not feasible for users to buy XVG for the sole reason of spending it on PornHuub. Derek Capo, the CEO of Token Pay reacted to Charlie’s tweet and called him out for ‘shilling LTC’ to the Verge’s partner PornHub.

Indeed, the partnership between Verge and PornHub seems to be a smart move. However, most crypto experts have mentioned that it is not ideal for the site to accept only one coin. Rather, they must be open to receiving other digital currencies as well.

Before the partnership happened, Verge had officially made an announcement to the crypto market about their idea of partnership. The message that was passed on stated that the company is looking forward to gaining a huge tie-up with a “global organization”.

They also mentioned that the “global organization” has a massive network and high traffic, and they will be using the donations to start a promotion campaign over many networks as well.

Of course, the crypto audience was quite curious to learn more about this global partnership. The company even stated that the mystery partnership would be announced on a particular date, but then they had to postpone it.

However, when the announcement regarding the partnership was made, hardly anyone thought about PornHub. And so the news was a shock to the entire market, and understandably many feedbacks were received, both positive and negative; though, Charlie Lee’s comments seem to have gone viral than all!

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Thomas Hawk via Flickr